Rankin Rd. - Specialty FOR SALE


Humble, TX 77396- Lake Houston
$2,500,000 USD
281-702-6212
Rankin Rd., Humble, TX for Sale
$2,500,000 USD
Specialty - FOR SALE
1/31
null | 10% Cap Rate

Rankin Rd.
Humble, TX 77396
Lake Houston


OVERVIEW

Discover an exceptional investment opportunity with Elegant Hall, a distinguished event venue located at 7391 Rankin Rd, Humble, TX 77396. This expansive property features approximately 9,996 square feet of versatile event space, complemented by a recently added storage building, all situated on nearly 3 acres of land. Strategically positioned just minutes from Bush Intercontinental Airport and major thoroughfares like Highway 69/59 and the Sam Houston Parkway North, Elegant Hall offers unparalleled accessibility for guests and vendors alike. Property Highlights: Spacious Venue: Accommodates up to 400 guests, making it ideal for weddings, quinceañeras, corporate events, and more. Modern Amenities: Features a generous dance floor, two stage areas, large projector screens, a private dressing room, and a fully equipped prep kitchen. Recent Upgrades: Includes a newly constructed storage building, enhancing functionality and storage capacity. Ample Parking: Offers a parking ratio of 9.9 per 1,000 SF, ensuring sufficient space for attendees. Versatile Design: The neutral interior allows for customizable décor to suit various event themes and styles. Elegant Hall has been a cornerstone in the community since its opening in 2009, hosting countless memorable events and building a reputation for excellence. Its prime location, coupled with its comprehensive amenities and spacious layout, presents a turnkey solution for event planners and entrepreneurs seeking a thriving venue business.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Wedding Venue

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

99

LAND DETAILS

LAND ACRES

2.96 AC

LAND SF

128,763 SF

ZONING

-

APN/PARCEL ID

1302350010001

ASK ABOUT THIS PROPERTY

Traci WilliamsArdent Hardcastle Real EstateMore Info
281-702-6212

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Traci WilliamsArdent Hardcastle Real EstateMore Info
281-702-6212

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.